NAPLES REAL ESTATE VOICE

THE PLAYERS CLUB AND SPA AT LELY RESORT

Wednesday, January 25th, 2012 at 12:51pm. 32 Views, 0 Comments.

If ever I could join a club for the sole purpose of entertaining clients, it would be the Players Club at Lely Resort. But alas, one must be a property owner in Lely Resort to be considered for membership...so that theory is totally out!

Lely Resort is a Stock-built golfing resort community equidistant between Naples and Marco Island and is in their final building phase. It has been named the community of the year for four years in a row. It is a community that has been very well received over the years and sales have been strong even during the real estate down turn and remain so today.

The Players Club and Spa at Lely Resort provides a tropical atmosphere as opposed to the normal golfing atmosphere typically found at other golf club communities in Naples.…

TRADITIONS AT GREY OAKS OFFERS NEW VILLA HOMES

Tuesday, January 24th, 2012 at 1:12pm. 41 Views, 0 Comments.

If you are in the mood for a villa home that is priced right, you might consider Traditions at Grey Oaks.

Construction is well under way for two of the models, the Alegria and the Bregante, which when completed sometime in February, will be fully furnished. There will be a third model, the Carillo and construction has begun on that unit as well and should be finished sometime in March. Under air footage square footage for the units will range between 2,642 square feet for the base model Alegria to 4,476 square feet for the Carillo unit.

All of the villa homes will have that Santa Barbara styly of architecture with solid mahogany wood doors. Each home will have both formal dining and living areas, tile flooring, marble countertops, crown molding, as well as a…

WINDSTAR - A VERY SPECIAL NAPLES COMMUNITY

Sunday, January 22nd, 2012 at 10:42am. 58 Views, 0 Comments.

One of my favorite Naples Communities has always been Windstar on Naples Bay primarily because it is the only community of its kind in all of Naples. Windstar combines a Audubon Tom Fazio designed championship golf club with a beautiful marina and Yacht Club with direct access to the Gulf of Mexico through Gordon Pass less than a mile away.

The community is also the only one with its private Gulf Shore Beach Club on Keywaydin Island and a shuttle servicing residents from its private dock. The marina and yacht club houses 72 deep water slips and has its own dockmaster.

The clubhouse was recently re-built from the ground up on Naples Bay and has a wonderful bar and dining facility with magnificant western sunset views out over that Bay and toward the Gulf of…

MORTGAGE RATES HIT RECORD LOWS AGAIN

Friday, January 20th, 2012 at 7:49pm. 58 Views, 0 Comments.

Despite the fact that the mortgage hit another record low, the eighth record low for the past year, there were few people taking advantage of it. The issue is that most all who can afford to refinance or purchase have already done so, that coupled with the fact that it is extremely to qualify in many cases.

The old record set just one week ago was 3.89% for an average 30-year fixed rate mortgage. Thge new record set this past week is now 3.88% just ticking down slightly from last week and enough to set the new record. Records for mortgage rates date back to the 1950's.

Interestingly, the rate for a 15-year fixed mortgage rose slightly from its record set last week to 3.17%.

AQUA AT PELICAN ISLE...REBORN AND LOOKING GOOD

Thursday, January 19th, 2012 at 8:46pm. 79 Views, 0 Comments.

Newly developed luxury residences on the water with direct Gulf access in Naples can be vary hard to find.

Fortunately, Aqua at Pelican Isle is now offering three new models all of which are ready for sale. Two of these models have earned the Collier Building Industry Association's prestigious Sand Dollar Award for best interior design. With a limited number of residences and extraordinary resort-style amenities in the midst of an incomparable Naples lifestyle, Aqua represents a unique opportunity and true value for the luxury home buyers.

Aqua is an eleven-story luxury residential tower sitting on 10.45 acres at Vanderbilt Drive and Wiggins Pass in North Naples.The site is adjacent to the Pelican Isle Yacht Club and residents are provided an equity…

MORTGAGE RATES HIT ALL-TIME LOWS AGAIN!

Sunday, January 8th, 2012 at 5:52pm. 194 Views, 0 Comments.

Two weeks ago last week, the average rate on a 30-year fixed mortgage fell to a record low of 3.91 percent. After bouncing up above 4 percent briefly last week, the average rate again hot the record low established two weeks ago.

The 15-year average rates were down to 3.23 percent, and although down this past week, it remained higher than the record low set several weeks ago of 3.21 percent.

Always at issue is the fact that few people qualify to take advantage of these low rates because of the high unemployment  and flate wages. There is also the fact that many people are scared to invest in a home at this time fearing that the home could well loose value over the next couple of years. 

We all know that the rates will eventually rise, and for those who can…

WEEKLY NAPLES EXCUTIVE MARKET REPORT JUST RELEASED

Wednesday, January 4th, 2012 at 8:13pm. 184 Views, 0 Comments.

The weekly Excutive Summary Market Report for Naples single family homes, condominiums and townhomes has just been released by Altos Research out of California.

The summary market report covers all of the Naples zip codes.

Download the Executive Market Report Here.

If you have trouble and are unable to open or download the report, please email me and I will email it out to you via pdf file.

NABOR (NAPLES AREA BOARD OF REALTORS) RELEASES NOVEMBER STATISTICS

Friday, December 16th, 2011 at 6:20pm. 1870 Views, 0 Comments.

NABOR, the Naples Area Board Of Realtors, just released the statistical data from November which adds to the fact that the upcoming season is looking extremely promising.

Inventory continues to decline and both pending and closed sales showed significant increases over the same period last year. The available inventory decreased by 16% compared to one year ago.

The median closed sale price for properties above $300,000 is up 18% over last year and has topped $600,000 compared to $513,000 for October last year.

Dr. Lawrence Yun, the Chief Economist for the National Association of Realtors, recently stated that he believes that the South Florida area should see at least a 10% increases in prices duriing 2012. He now sees the market as overcorrected because…

BEST PRACTICES YOU SHOULD KNOW WHEN MOVING

Monday, December 12th, 2011 at 7:55pm. 295 Views, 0 Comments.

Ideally, best practices when moving should be known for quite a while before the actual move.

Suddenly, tossing everything into boxes or storage containers on the morning of the move can only add to what is already going to be a stressful situation. 

• Get Rid of Unwanted or Unneeded Stuff  

USDA HOME LOANS UPDATED

Wednesday, December 7th, 2011 at 11:07am. 101 Views, 0 Comments.

The following srticle was contributed by Jasmine Reese...

Updates to the USDA Loan Program

Every year, the USDA Guaranteed Home Loan Program seems to undergo updates, making it a more realistic and borrower friendly program. Although many still do not take advantage of it, that could quickly change in the upcoming years.

The program has the lowest foreclosure rate of any of the conventional mortgage programs - even lower than the extremely popular Federal Housing Administration home loan.

Recent Changes

As of October 1st, the USDA now requires a fee of 0.3 percent of the unpaid principal balance of the loan. In addition, the funding fee decreased from 3.5% to 2%. These fees help the program to limit its reliance on taxpayer support. It should also further…